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Top Recognized Outsourcing Software Development Company in Vietnam | Newwave Solutions

October 8, 2022
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Nowadays, many businesses are in the race of gaining competitive advantages by minimizing costs while also enhancing customer service & efficiency. Since delaying business digital transformation too long means your company can be left out of the game, the best solution is to hire an outsourcing software development company. So, take a look at our insights about the market of outsourcing software development in Vietnam to find the best software outsourcing company for you!

In simple words, outsourcing software development describes an arrangement, in which an organization chooses to hire a software development agency to effectively carry out all the tasks of their IT projects. However, the question is where and how to choose a suitable company for your business outsourcing software development project. We have the answer to your questions right below!

Why is Vietnam the Top IT Outsourcing Destination of 2022?

Why IT Outsourcing  in Vietnam?

Choosing outsourcing software development is becoming increasingly popular as an efficient and cost-effective method for any business digital transformation. Many outsource companies in Asia provide skilled IT developers, advanced technology infrastructures, and cost-saving IT solutions packages.

The majority of them can be often found in Vietnam – a Southeast Asian country known for being a famous travel and outsourcing software development destination. The country is emerging as a low-cost yet high-quality outsourcing software development market. All of these come from an extensive talent pool with the lowest labor cost compared to other IT outsourcing countries, as well as a safe, stable government environment.

  • A Strong & Well-trained Labor Pool. According to TopDev’s report, Vietnam has about 400.000 IT Engineers and over 50.000 graduated IT Students from over 153 IT Institutions per year. This figure is predicted to increase by 9,000 every year making Vietnam a particularly good destination for technology outsourcing. As a result, there is a large pool of young, talented, skilled software engineers. Plus, unlike other outsourcing countries in Asia, the lack of English skills isn’t an issue for Vietnam since all universities and colleagues in Vietnam require English certifications to graduate.
  • Competitive Cost. To prove this, the CIO magazine claimed that the cost of outsourcing development in Vietnam is 90% lower than in the US, 50% lower compared to China, and 30% lower compared to India. Depending on the IT developer’s skills, hourly rates for Vietnam outsourcing developers range from $20-$40. Not only can you pay a reasonable price but you also get high-quality software developers when choosing to outsource to Vietnam. In fact, Vietnam did rank 5th in the “Best countries to outsource to in the World in 2019” list. Furthermore, many Vietnamese IT & outsourcing software development companies like Newwave Solutions are now open to potential innovations such as AI, IoT, and Blockchain.
  • Political and Social Stability. Compared to India or China, Vietnam is considered one of the most secure countries in Asia. According to Minority Rights, 95% of citizens are ethnically Vietnamese and more than 80% of them do not belong to any specific faith group at all. Such statistics have proven that Vietnam is free of religious conflict. The country was also listed 12th in the safest places in the Asia-Pacific Region by Global Peace Index 2020. All of these create a hospitable business environment for outsourcing.

Outstanding IT Solutions & Technologies from Vietnam Outsourcing Software Development Company

As one of the top outsourcing software development companies in Vietnam, Newwave Solutions is trusted by more than 300+ clients worldwide. Besides that, Newwave Solutions’ services include many fields, from Software development & maintenance, QA testing, Blockchain, UI/UX design, Game Design, to Web development. What makes Newwave Solutions unique is the technical understanding of our over 250+ professional IT engineers and the ability to help the companies overcome any challenges of our experienced leaders. On top of that, Newwave Solutions also provides offshore development services to over 100 clients in various fields such as banking, real estate, and communication. Here’s why Newwave Solutions can be the best choice when it comes to software development:

  • Reasonable Pricing. Newwave Solutions offers an ideal combination of cost-effective rates with amazing quality to make sure the best pricing in our segment (only from $15/h).
  • Customer Satisfaction. We work on the latest frameworks and technologies to deliver you user-friendly, scalable, secure, and new business solutions as per your need.
  • Agile Procedure. At Newwave Solutions, we work on the Agile methodology and conduct frequent scrum events for optimizing the practices and methods and delivering the finest results.
  • Flexible Engagement Models. Instead of working on unwanted rigid and strict parameters, we offer flexibility to our clients to select from different engagement and hiring models.

Why Choose Newwave Solutions

Outsourcing Software Development
Newwave Solutions’ Outsourcing Software Development Services

Established in 2011, Newwave Solutions provides a wide range of comprehensive offshore software development services, from mobile app development to emerging technology like NFT and Blockchain development. After 11 years of development, Newwave Solutions has grown from just 5 people to over 300+ employees in 2022 becoming one of the top 10 ICT companies in Vietnam. The company is proud to have worked with many famous brands, business partners, and customers worldwide to become a long-term and reliable IT solutions provider.

Here are some of our best achievements through 11 years of delivering outsourcing software development services: 

Standing out from other Vietnam outsourcing software development companies, Newwave Solutions has the capability and experience to undertake any size outsourcing projects from beginning to end, under budget, within the planned time, and with results that will exceed your expectations due to our many years in the market working with over 300+ global partners. How can we do this?

  • We rely on our Agile Development Process which adopts a Test-First-Driven Approach and is constantly driven by customer feedback.
  • We continually develop and nurture our pool of talented, dedicated developers who graduated from the top universities in Vietnam and are led by experienced project managers.
  • We have experienced leadership with years of working in the IT industry with global clients, helping us understand more about the needs and standards of international partners and multicultural projects.

Final Thought

IT implementation is the key for any business that wants to grow during this period of rapid technological change. As a top outsourcing development company in Vietnam, Newwave Solutions has proven itself with excellent software development services by helping our clients around the globe with their business needs. So, if you’re looking for a trusted company to outsource your software development, Newwave Solutions has the resource, experience, and technologies to make your dream come true!

Contact us to discuss your outsourcing software development project and get the best deal with free consultation from us today!


To Quang Duy is the CEO of Newwave Solutions, a leading Vietnamese software company. He is recognized as a standout technology consultant. Connect with him on LinkedIn and Twitter.

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